The Hwy 51-Park Road housing market is somewhat competitive. The median sale price of a home in Hwy 51-Park Road was $305K last month, down 17.7% since last year. The median sale price per square foot in Hwy 51-Park Road is $221, up 28.8% since last year.
What is the housing market like in Hwy 51-Park Road today?
In October 2024, Hwy 51-Park Road home prices were down 17.7% compared to last year, selling for a median price of $305K. On average, homes in Hwy 51-Park Road sell after 86 days on the market compared to 11 days last year. There were 7 homes sold in October this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$305,000
-17.7% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Hwy 51-Park Road, NC
$305,000
-17.7%
United States
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How hot is the Hwy 51-Park Road housing market?
Hwy 51-Park Road is somewhat competitive. Homes sell in 58 days.
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100
50
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 58 days.
Hot homes
can sell for around list price and go pending in around 36 days.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Hwy 51-Park Road housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Hwy 51-Park Road.
Flood Factor - Minor
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Hwy 51-Park Road has a minor risk of flooding. 64 properties in Hwy 51-Park Road are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in Hwy 51-Park Road. Flood risk is increasing faster than the national average.
27% of properties are at risk of wildfire over the next 30 years
Fire Factor
Hwy 51-Park Road has a moderate risk of wildfire. There are 222 properties in Hwy 51-Park Road that have some risk of being affected by wildfire over the next 30 years. This represents 27% of all properties in Hwy 51-Park Road.
100% of properties are at major
risk of a severe wind event over the next 30 years
Wind Factor
Hwy 51-Park Road has a Major Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Hwy 51-Park Road is most at risk from hurricanes. 804 properties in Hwy 51-Park Road have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 72 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 83 mph.
100% of properties are at major
risk of heat over the next 30 years
Heat Factor
Hwy 51-Park Road has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 100% of homes in Hwy 51-Park Road have a Major Heat Factor®.
Hwy 51-Park Road is expected to see a 157% increase in the number of days over 104ºF over the next 30 years. Hwy 51-Park Road is expected to experience 9